# EPA considers reductions to 2018, 2019 RVOs - Governors' Biofuels Coalition

> The EPA published a notice on September 26 concerning potential reductions to 2018 and 2019 renewable volume obligations, mainly for biomass-based diesel. The notice also proposes using cellulosic waivers to lower advanced biofuel and total renewable fuel targets. A 15-day comment period follows Federal Register publication.

- Date: 2017-09-28 · published 2017-09-28T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/68824-epa-considers-reductions-to-2018-2019-rvos-governors-biofuels-coalition
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Reduced RVOs would lower biodiesel and renewable fuel demand, weighing on soybean oil and related feedstock prices.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-09-27 | [EPA signals cut to U.S. biodiesel blending; soyoil prices drop - Governors' Biofuels Coalition](https://feedsoft.ai/events/69027-epa-signals-cut-to-u-s-biodiesel-blending-soyoil-prices-drop-governors-biofuels.md) | -2.2% | +3.3% |
| SBO | 2017-10-02 | [Tax credit expiration prompts rethinking of RFS mandates - Governors' Biofuels Coalition](https://feedsoft.ai/events/68342-tax-credit-expiration-prompts-rethinking-of-rfs-mandates-governors-biofuels.md) | +0.4% | +7.0% |
| SBO | 2024-10-28 | [Biofuel Producers Shutting Down Without 45Z Guidance - Governors' Biofuels Coalition](https://feedsoft.ai/events/15174-biofuel-producers-shutting-down-without-45z-guidance-governors-biofuels.md) | +3.9% | +2.1% |
| SBO | 2019-04-01 | [NBB calls on EPA to reform small refinery exemptions - Biofuels International Magazine](https://feedsoft.ai/events/59465-nbb-calls-on-epa-to-reform-small-refinery-exemptions-biofuels-international.md) | +2.8% | -1.7% |
| SBO | 2023-06-21 | [Soy Growers to EPA: Final RVOs Severely Undercut Rapid Growth, Potential of the Biofuels Industry - American Soybean Association](https://feedsoft.ai/events/15299-soy-growers-to-epa-final-rvos-severely-undercut-rapid-growth-potential-of-the.md) | -0.5% | +5.8% |
| SOY | 2017-09-27 | [EPA signals cut to U.S. biodiesel blending; soyoil prices drop - Governors' Biofuels Coalition](https://feedsoft.ai/events/69027-epa-signals-cut-to-u-s-biodiesel-blending-soyoil-prices-drop-governors-biofuels.md) | -0.9% | +1.2% |
| SOY | 2024-10-28 | [Biofuel Producers Shutting Down Without 45Z Guidance - Governors' Biofuels Coalition](https://feedsoft.ai/events/15174-biofuel-producers-shutting-down-without-45z-guidance-governors-biofuels.md) | -0.5% | -0.4% |
| SOY | 2023-06-21 | [Soy Growers to EPA: Final RVOs Severely Undercut Rapid Growth, Potential of the Biofuels Industry - American Soybean Association](https://feedsoft.ai/events/15299-soy-growers-to-epa-final-rvos-severely-undercut-rapid-growth-potential-of-the.md) | +1.2% | +1.0% |

## Sources

- governorsbiofuelscoalition.org: https://www.governorsbiofuelscoalition.org/epa-considers-reductions-to-2018-2019-rvos/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.